Nornickel says board recommends no dividends for 2024

Kitco Media
By Reuters
Published:
Updated:
Reuters
Nornickel says board recommends no dividends for 2024 teaser image

Russia’s Nornickel, one of the world’s largest producers of nickel and the largest producer of palladium, said on Thursday that its board recommended not to pay dividends for 2024.

The company said the decision was “made in order to maintain financial stability”.

(By Anastasia Lyrchikova and Gleb Bryanski; Editing by Kirsten Donovan)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.